The Web3 web is often referred to as the future for creators, where everything we create will belong to us. A new proposal aims to shift the world towards an ownership-based economy. Social media platforms as we know them may be replaced by their decentralized counterparts.
As the world embraces a decentralized nature, social media platforms are also undergoing a transformation from the traditional Web2 model to Web3.
In this article, we will explore the most popular Web3 social media platforms that represent the future of user-centric, decentralized marketing, and social networking.
Get to work!
Odysee
Odysee is the decentralised equivalent of the popular YouTube platform, launched in December 2020. It has gained popularity due to its open free speech policy, as well as the storage of shared content on the LBRY network, which ensures that material is indelible. Management of the platform is in the hands of the community, and users are rewarded with tokens for creating and sharing content. Odysee is based on a model that avoids censorship and advertising.
Steemit
Founded in 2016, Steemit is a social platform where users can communicate and interact. Built on the Steem blockchain, it allows users to earn STEEM tokens for participating in the network. User actions, such as posting or voting, are rewarded and decentralisation ensures full transparency.
Minds
Similar to Twitter, the Minds Web3 platform promotes privacy, freedom of speech and user control over their data. Minds uses blockchain and users are rewarded with tokens for their engagement. The platform offers a ‘Minds Jury System’ that allows the community to submit and rate content, making it more decentralised than traditional platforms.
Diamond App
Diamond App is a decentralised social media platform built on the DeSo blockchain. It aims to give users full control over their identities and enable them to monetise content and influence. Unique tokens, known as ‘creator coins’, represent users’ online reputation and influence, and the platform encourages support for creators.
Audius
Audius is a decentralised music streaming platform that provides artists with the ability to directly upload, share and monetise their work. Audius uses the $AUDIO token, which allows users to participate in management and staking. The platform offers artists the opportunity to earn royalties and engagement rewards from fans.
Chingari
Chingari, founded in 2018 in India, is a decentralised social media platform that provides an alternative to TikTok. It has introduced its own GARI token, which users can earn for creating content and engaging on the platform. Chingari focuses on community activity and rewards creators for their engagement.
Mastodon
Mastodon is a decentralised alternative to mainstream platforms, operating on a federated model in which multiple independent servers form a network. The platform does not have its own token system or built-in rewards for users. Instead, Mastodon focuses on a decentralised structure and an open community that can operate autonomously.
DSCVR
DSCVR is a Web3 social media platform built on the Internet Computer Protocol (ICP). It is often compared to Reddit and Medium because it allows users to post, comment and engage with content, and earn tokens for their actions. DSCVR is one of the growing platforms that is attracting users looking for an alternative to centralised social media.
Lens Protocol
Lens Protocol is a decentralised application that focuses on data security and user ownership control. It allows full control over published content and its privacy and, through interoperability, allows users to collaborate with other decentralised applications.
Summary
Web3 decentralized social media platforms are a great alternative to the traditional social channels we are familiar with. They allow users to manage the content they share themselves, benefit from transparency and better community management.
We recommend registering on any of the platforms we have mentioned and feel the difference for yourself!
